Tag Archives: new homes

WASHINGTON — Builders broke ground on fewer homes in August, evidence that the housing market remains depressed. The Commerce Department said Tuesday that builders began work on a seasonally adjusted 571,000 homes last month, a 5 percent decline from July ...

WASHINGTON — U.S. builders broke ground on fewer single-family houses in July, leaving home construction at depressed levels. The Commerce Department said Tuesday that builders began work on a seasonally adjusted 604,000 homes last month, a 1.5 percent decrease from ...

WASHINGTON— Fewer people bought new homes in June, evidence that the housing market remains weak. Sales of new homes fell 1 percent last month to an annual rate of 312,000, the Commerce Department said Tuesday. That’s less than half the ...

WASHINGTON — For homebuilders, it hardly feels like an economic recovery. Nearly two years after the recession ended, the pace of construction is inching along at less than half the level considered healthy. Single-family home building, the bulk of the ...

WASHINGTON — More people bought new homes in March, giving the battered industry a small lift after the worst winter for sales in almost a half-century. New-home sales rose 11 percent last month from February to a seasonally adjusted rate ...

WASHINGTON — Builders broke ground on more new homes last month, giving the weak housing market a slight boost at the start of the spring buying season. Home construction rose 7.2 percent in March from February to a seasonally adjusted ...

WASHINGTON — Homebuilders are more pessimistic about the housing market this month, a dismal sign at the start of the spring-buying season. The National Association of Home Builders says its index of industry sentiment for April fell slightly to 16. ...

WASHINGTON — Home construction in the United States is all but coming to a halt. Americans are on track to buy fewer new homes than in any year since the government began keeping data almost a half-century ago. Sales are ...

WASHINGTON — Builders broke ground last month on the fewest homes in nearly two years, a reflection of declines in home prices and diminished demand that has made it difficult for them to compete. The Commerce Department says home construction ...